Does anyone know how he nearly had a $1B position liquidated? Did he have a long position on BTC that was due this week? Also, how did SBD then spike up? Were people buying it or does Hurricane Sun have a bunch of friends who'll buy into whatever he wants?
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lol who knows I'm just wildly reporting rumors and noting the insane SBD spike
I assume he must of had that long position.
Makes sense considering how crazy he is.
At the end of the day it's way easier to moon SBD than Steem itself, and mooning SBD makes Steem a lot more attractive to everyone earning there. It's likely profitable to purposefully take a loss pumping SBD if he can get outsiders to pump Steem to farm the SBD.
I'm totally imagining that he's taking profits from somewhere else to buy up all the SBD to moon it... surely this is a terrible long term strategy... who is going to buy into something that's severely overpriced and controlled by one person who could rug pull any second?
Haha, you're funny.
I think you fail to realize that he is a master manipulator with a shitload of cash.
Haha, I try my best...?
Definitely agree on all the cash he's got, but I'm totally letting my bias against slimey dudes to stop me seeing him as a master manipulator. I've really only paid attention to the things he's failed... really should educate myself better... but also...
so much ew, David
I second this question
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